Diana & Jason Jones

Diana & Jason Jones

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Active

$518,800

($590,047 down)
FHA

7890 E Spring Street UNIT 2F, Long Beach, CA 90815

1
1
960 sqft
PITI Monthly
$1,312.58 /mo

Listing courtesy of: Pichamon Gentry-Pantera, C-21 Astro

Assumed Rate

10.38%
7.15%

Principal & Interest

$562 /mo
$419 /mo

What's Special

SERENE
SHOPPING
ENTERTAINMENT
DINING
HOME OFFICE
CLUBHOUSE
TENNIS COURTS
WATERFRONT
PET-FRIENDLY
CHARMING

Welcome to your serene retreat in the heart of the El Dorado Lakes community. This charming condo offers a peaceful lifestyle with breathtaking lake and fountain/waterfall views from every room. A generous bonus room area provides flexibility and can easily be converted into a 2nd bedroom or home office to suit your needs. Designed with a high-ceiling floor plan, the condo is filled with natural light, enhancing the sense of space and highlighting the beautiful waterfront setting. Imagine waking up to tranquil water views and ending your day with the calming sounds of nature just outside your window. Enjoy resort-style living with access to exceptional amenities, including two pools and spas, two tennis courts, and a clubhouse featuring a sauna, gym, library, and a large recreational room complete with a pool table. Whether you’re looking to unwind or stay active, this community supports a wellness-focused lifestyle. Residents appreciate the peaceful atmosphere, lush landscaping, and pet-friendly environment of El Dorado Lakes. Convenience is key, with **2 parking spaces—one covered carport and one open spot located directly in front of the gate for easy access. There’s also ample guest parking for visitors. This community offers both tranquility and accessibility, ideally located near major freeways like the 605 and 405 for easy commuting. It’s also close to Los Alamitos and Seal Beach shopping, dining, grocery stores, El Dorado Park, The San Gabriel River Bike Trail, public schools, medical offices, and Long Beach Town Center—making daily errands and entertainment a breeze.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
10.38
Remaining Loan Term
Loan term completed
Monthly PITI
$1,312.58/mo
Estimated Loan Balance
$0
Cash to close
$590,047
Interest Paid
$140,177

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Electric
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: Other
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories: 2
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Park, StreetLights, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: El Dorado Lakes
  • HOA Amenities: Unknown
  • HOA Fee: $693.1
  • HOA Frequency: $Monthly
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $540.42
  • Tax Annual Amount: $6485
  • On Market Date: 2025-05-09T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $590,047 (114%)
You can enter any amount below - secondary financing will cover the difference if needed.
114%
$

You cover the entire equity of $590,047!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage10.38% Sellers Rate
-$71,247
Your Cash:$590,047
Total Purchase Price:$518,800

Assumed vs Traditional Mortgage

Assumed @ 10.38%
$562/mo
Traditional @ 7.15%
$434/mo
You save $-127/month ($-1,527/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RS25100646

Listing From:

Last updated: 2025-05-09T19:19:19.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

10.38%
7.15%

Principal & Interest

$562 /mo
$419 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $590,047 (114%)
You can enter any amount below - secondary financing will cover the difference if needed.
114%
$

You cover the entire equity of $590,047!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage10.38% Sellers Rate
-$71,247
Your Cash:$590,047
Total Purchase Price:$518,800

Assumed vs Traditional Mortgage

Assumed @ 10.38%
$562/mo
Traditional @ 7.15%
$434/mo
You save $-127/month ($-1,527/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Coldwell Banker Realty
Agent/Broker
Diana & Jason JonesColdwell Banker Realty(602) 790-0734diana.jones@cbrealty.comMLS SA711064000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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